Canadian renewable fuel and feedstocks supplier Targray has opened a new biodiesel terminal in Mead – a suburb of Spokane – in Washington, USA.
“The new site is well-positioned to supply high-quality biodiesel fuel and alleviate supply concerns for retailers, distributors, refineries, and fleet operators across the state which has mandated a biodiesel blending requirement since 2006,” the company said on 22 June.
The Clean Fuel Standard (CFS) is a state-regulated legislation in Washington requiring fuel suppliers to gradually reduce the carbon intensity of transportation fuels to 20% below 2017 levels by 2034, as part of a plan to cut state-wide greenhouse gas emissions (GHGs) by 4.3M tonnes/year by 2038.
Targray said the market-based policy approach in Washington encouraged fuel suppliers to improve efficiencies in their fuel production processes and provided incentives for producing or blending low-carbon fuels.
Credits were generated for clean fuels containing a carbon intensity below the standard, which could be kept or sold to high-carbon fuel producers who needed to meet their carbon-intensity reduction targets, the company said.
Targray has a dedicated rail fleet and terminals in California, Oregon, Washington and the Upper Midwest.
As well as being a leading international supplier of renewable fuels, the company is also involved in the supply of electronic materials, agri-commodities and environmental products and is active in more than 50 countries.